The Website and the Platform
When you open the site, the combination of black background and orange shades catches your eyes giving you a feel of the corporate look. The homepage of the website prominently features the carousel incorporating various asset options, durations, and a transient screen. The transient screen provides information about various distinct features of the site. The assets are represented with the charts and payout options for a particular asset type along with the trading time period. Even though the website offers an ease of navigation and corporate look, the site compared to its competitors gives a feeling that it lacks some of the eye-candy features like deposit options, platform information, withdrawal options, accreditations received, and customer review.
The navigation in the site from one screen to another is very easy and can be comprehended with a little or no practice.The website seems to be designed with “Keep it Simple, Stupid!” (KISS) concept to provide ease of access and relevant information like frequently asked questions, operational information on how to trade, opening an account, opening a demo account and choice of language.The website has two language preferences including Japanese beside English. The website is well laid and developed to give a sense of easiness and simplicity. The site offers various binary options through the carousel, which makes the selection of options very easy.
High Low Education and Guidance
The trading tabs provides clear understanding and information regarding choosing an asset which includes 17 currency pairs (AUD/JPY, AUD/NZD, AUD/USD, CAD/JPY, CHF/JPY, EUR/AUD, EUR/AUD, EUR/JPY, EUR/GBP, GBP/AUD, GBP/JPY, GBP/USD, NZD/JPY, NZD/US, USD/CAD, USD/JPY and USD/CHF), 1 precious metal (Gold), and 5 stock indices (AUS200, HKG33, JPN225, UK100 and US30). Although, the site provides very easy navigation, the lack of educational material and resources will restrain the newbies of the binary options to be attracted to the site. The HighLow site has compensated the lack of educational resources with very easy demo option, which provides one-click direct demo access to anyone willing to explore the binary options trading without any prerequisite such as registration. It is my regular practice to suggest to use demo account or free account trading for some time before jumping on to real money account to a newbie of the binary options trader.
The site offers basically two trading options; High/Low (digital) and Turbo (on demand), both the options are available with spreads and various payout scenarios ranging from 80 percent to 200 percent of invested amount. The High/Low options can be traded with visible expiry time for a frequency of 60 seconds to 1-day. The lower end of expiration time available on the HighLow is very suitable for intraday or day traders and provides an opportunity to trade for 5 minutes or even less. This means the site targets a specific group of traders and the platform may not be suitable for long-term traders.
The platform offers variable spread which moves closer near the expiry of the trade, which gives a little tighter control over the result. It provides a high-risk high-return environment for traders as it offers a payout of 100 percent or higher. The spread options can make any trader’s adrenaline rush to hit the roof.
High Low Guidance to Traiding
The website uses one of the prominent binary options trading platform Market Pulse to provide smooth user experience, whereas the company has entered into an agreement for the data stream with a company called Leverate. Leverate is a well-known name in the data streaming services and it is known for providing safe and secure data to their clients. The platform provides the overall sentiment of the market through traders’ choice option which gets enabled after four trades and delivers running sentiments of the online traders. Normally, I recommend my readers not to use the advice of the broker to trade; in the case of HighLow, it will not be an issue as it is being regulated by Australian authorities which do not authorize HighLow to provide advisory services to its client. Also, the website doesn’t have any auto trading facility, so if you are a non-professional trader then I would recommend you to use signal services from the professional signal service provider, or comprehend the strategies better before commencing the binary options trading.
To trade on the HighLow website, you also need to understand various exposure limitations and the amount of max position in a single option is allowed. Unlike, other platforms which have low restrictions, The HighLow platform has some trading restriction on maximum amount which can be traded and the maximum amount of exposure one can take (please see the table below).
The company also offers mobile applications for both android enabled smartphones/tablets and IOS enabled smartphones/tablets for ease of trading.This provides a complete mobility to the people who are always on the move and prefers mobility and trading on the go.
highlow main page